Raymond accelerates Andhra Pradesh capacity expansion
Raymond Limited is accelerating a brownfield manufacturing facility near its Mega facility in Andhra Pradesh to meet near-term customer demand while developing a larger greenfield project. OI Charts data showed the stock at ₹1,100 on 30 Oct 2026.
after close1 source ↓machine-written, see hownot a recommendation
- RAYMOND close
- ₹1,100
- On the day
- -0.15%
- 52-week high
- ₹1,339
- 52-week low
- ₹320.00
Raymond Limited is accelerating manufacturing capacity expansion in Andhra Pradesh through its subsidiaries as customer demand rises. The company is setting up an additional brownfield facility near its existing Mega manufacturing facility, with the near-term expansion aimed at supporting higher production volumes during the current financial year. 🏭
The brownfield project is designed as an interim capacity measure while Raymond continues work on its larger greenfield project in the state. Brownfield capacity expansion should allow the company to respond more quickly to additional customer requirements without waiting for the longer development timeline of the greenfield facility. Management said the decision reflects current business opportunities while retaining capital and execution discipline.
OI Charts data showed Raymond at ₹1,100 on 30 Oct 2026, down 0.15% for the session, with volume of 565,535. The stock had gained 1.0% over five sessions but remained down 6.8% over 20 sessions. It traded within a 52-week range of ₹320, recorded on 30 Mar 2026, to ₹1,339 on 6 Oct 2026. The latest close was therefore below the recent 52-week high, leaving the market focused on whether execution and demand visibility can improve sentiment.
For the textiles and manufacturing segments, the announcement points to incremental capacity becoming available before the larger project is completed. The immediate market read-through depends on the scale of the facility, the timing of commissioning, customer volumes and the capital required; those details were not provided in the report. Investors will also watch Raymond’s next company update for progress on construction, commissioning and utilisation, along with commentary on the greenfield project and current-year demand.
The additional facility does not replace the longer-term Andhra Pradesh expansion. It is intended to bridge near-term capacity needs and support production while the larger project progresses. Execution progress and evidence of rising volumes will determine how materially the expansion changes the company’s operating outlook.
Source: Machine Maker, 02 Nov 2026
Not investment advice. For informational purposes only.